$519,000
UNDER CONTRACT $91K PRICE DROP

4141 Ocean Dr Unit 502 Vero Beach, FL 32963

Estimated payment $3,528/month

Total Views 6,813
2 Beds
2 Baths
1,000 Sq Ft
$519 Price per Sq Ft

Highlights

  • Ocean View
  • Fitness Center
  • Community Pool
  • Beachland Elementary School Rated A-
  • Clubhouse
  • 2-minute walk to Jaycee Park

About This Home

HUGE PRICE REDUCTION! GREAT INVESTMENT! 2/2 penthouse condo with exquisite ocean views. Pet friendly condo (1 pet max). New AC. Large covered patio facing the ocean. 1 covered parking spot under building with a storage closet. Large kitchen with pantry. Nicely landscaped with pool, tennis, pickleball, cornhole, and a community firepit. Structure reports are completed and in hand. Walking distance to vibrant village shopping, restaurants, farmers market, and art galleries.

Listing Agent

Steven Borenz

Berkshire Hathaway Florida Brokerage Phone: 772-231-1270 License #3290237 Listed on: 04/18/2025

Berkshire Hathaway Florida

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,663

Year Built

  • Built in 1973

Lot Details

  • West Facing Home

Home Design

  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 1,000 Sq Ft Home
  • Sliding Doors
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

Outdoor Features

  • Balcony
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 32403200022000000502.0

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, reserve fund, sewer, trash
  • Elliott Merrill Association
  • Bay Island Club Subdivision
  • 5-Story Property

Amenities

  • Clubhouse
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Tennis Courts

Pet Policy

  • Limit on the number of pets

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,663

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: Bay Island Club
  • Directions: BEACHLAND BLVD E TO A1A N TO LIVE OAK E TO BUILDING ON RIGHT
  • Architectural Style: Multi-Level
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 5
  • Year Built: 1973
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-1270
  • Special Features: UnderContract
  • Stories: 5

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Pantry
  • Living Area: 1000.0
  • Stories: 5
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Other
  • Pool Features: Free Form, Other, Pool, Community
  • View: Ocean
  • View: Yes
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Balcony, Outdoor Shower, Rain Gutters, Tennis Court(s)
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Assigned, Covered, Carport

Utilities

  • Laundry Features: In Unit
  • Security: Key Card Entry, Smoke Detector(s)
  • Green Building Features: Reception Area
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Bicycle Storage, Clubhouse, Elevator, Fitness, Pickleball, Storage Facilities, Gutter(s), Pool
  • Association Fee: 1191.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes, Number Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Reserve Fund, Sewer, Trash

Lot Info

  • Parcel #: 32403200022000000502.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 8663.0
  • Tax Lot: N/A
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,567 $542,217 -- $542,217
2023 $2,567 $203,230 $0 $0
2022 $2,549 $197,311 $0 $0
2021 $2,499 $191,564 $0 $0
2020 $2,484 $188,919 $0 $0
2019 $2,477 $184,672 $0 $0
2018 $2,463 $181,229 $0 $0
2017 $2,435 $177,501 $0 $0
2016 $2,399 $173,850 $0 $0
2015 $2,459 $172,650 $0 $0
2014 $2,351 $171,280 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Price Changed $519,000 -7.2% $519 / Sq Ft
07/14/2025 07/14/25 Price Changed $559,000 -6.1% $559 / Sq Ft
05/24/2025 05/24/25 Price Changed $595,000 -2.5% $595 / Sq Ft
04/18/2025 04/18/25 For Sale $610,000 -- $610 / Sq Ft
Source: REALTORS® Association of Indian River County

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Source: Public Records

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Source: REALTORS® Association of Indian River County

MLS Number: 287405

APN: 32-40-32-00022-0000-00502.0

Florida Indian River County Vero Beach 32963

4141 Ocean Dr Unit 502, Vero Beach, FL

This home is located at 4141 Ocean Dr Unit 502, Vero Beach, FL 32963 and is currently priced at $519,000, approximately $519 per square foot. This property was built in 1973. 4141 Ocean Dr Unit 502 is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

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Nearby Homes
Listing Agent
Steven Borenz
Section Image
Berkshire Hathaway Florida
(772) 362-1618